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Message: COMMODITIES - (Wednesdays Close) + 24hr Charts - Metals down

COMMODITIES - (Wednesdays Close) + 24hr Charts - Metals down

posted on Jul 09, 2009 07:03AM

LONDON - Copper prices steadied on Wednesday after falling to two-week lows as expectations of a poor economic outlook and demand growth prospects dominated sentiment.

Gold futures fell toward $900 (U.S.) an ounce yesterday on a higher dollar and heavy oil losses, losing more than 2 per cent as investors preferred the U.S. currency instead of gold as a safe haven in the face of economic uncertainties. Gold futures dropped $19.80 to $909.30.


CLOSING PRICES (SPOT)


Gold US$/troy ounce 909.11 -15.64

Silver US$/troy ounce 12.89 -0.23

Copper US$/lb 2.14 -0.07

Lead US$/lb 0.72 -0.02

Zinc US$/lb 0.67 -0.03

Aluminum US$/lb 0.69 -0.03

Nickel US$/lb 6.74 -0.32

Oil West Texas US$/bbl 60.07 -2.86

Nat Gas Henry Hub US$ mmbtu 3.22 -0.09

Nat.Gas AECO C C$/gigajoule 2.96 0.14

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